Income Home for Sale in Santa Monica, California

210 California Avenue, Santa Monica, California 90403, US

$ 6,500,000
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Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 6,500,000
  • MLS ID: OC24077809
  • Property Type: Income Home
  • WEB ID: PR02835883
  • Property Status: Active
  • Lot Size: 7,500sqft
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

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  • Price: $ 6,500,000
  • MLS ID: OC24077809
  • Property Type: Income Home
  • WEB ID: PR02835883
  • Property Status: Active
  • Lot Size: 7,500sqft
100% Vacant—The property was vacated utilizing the Ellis Act guidelines in 2019, providing new ownership multiple investment strategies. Potential Redevelopment Site— 210 California provides a wide range of investment strategies for new owners, including renovating the current building or redeveloping the site. Santa Monica, which was granted a prohousing designation by the Governor in February of this year, has made its development process more efficient. This allows for the possibility of receiving additional funding and faster approval for new housing developments. Walkable, Vibrant and Highly Amenitized Neighborhood— Santa Monica offers a picturesque beach town setting with a plethora of attractions, renowned shopping, dining options, vibrant nightlife, and entertainment venues. Those residing in 210 California benefit from convenient access to various lifestyle amenities, whether by foot, bike, or car. The Third Street Promenade, located just a short 5-minute walk away, provides an ideal destination for upscale shopping, dining, and entertainment. This pedestrian-friendly area, situated east of the Pier, comprises three car-free blocks and is centered around Santa Monica Place, which houses over 80 retailers. Starting at the Santa Monica Place shopping center, the Third Street Promenade extends northward towards Wilshire Blvd.

Additional Features

  • Level with Street
  • Lot 6500-9999
  • Near Public Transit
  • Value In Land
  • Two
  • Parking spaces: 9.00
  • Listing Status: Active
  • Listing Agent: Michael Smith (lic# 01460413) of Orange County
  • Listing Office: NorthMarq Realty Services, Inc (lic# 01858487)
  • Based on information from CRISNet MLS as of 4th May 2024 at 2:44am. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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